Franklin Electric director awarded 110 stock units
PETERSON RENEE J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
PETERSON RENEE J reported acquisition or exercise transactions in this Form 4 filing.
Franklin Electric Co., Inc. director Renee J. Peterson reported a routine compensation-related transaction involving deferred stock units. On May 21, 2026, she was credited with 110.69 stock units, representing dividend equivalents on previously deferred stock awards under the Nonemployee Directors' Deferred Compensation Plan.
Following this credit, her directly held deferred stock unit balance increased to 38,329.74 stock units. Under the plan, these amounts will be settled in the future, when she retires or otherwise leaves the Board, and may be paid in Franklin common stock or in cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 110.69 shares
Grant/Award
1 txn
Insider
PETERSON RENEE J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | stock units | 110.69 | $96.68 | $11K |
Holdings After Transaction:
stock units — 38,329.74 contracts (Direct)
Footnotes (1)
- F1. Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the Board of Directors on February 11, 2000 and amended and restated on May 6, 2020, Ms. Peterson elected to receive her 2015-2024 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires, otherwise leaves the Board of Directors, or has elected to receive such payment per the terms of the Plan (e.g. Stock Units). On May 21, 2026, Ms. Peterson was credited with 110.69 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Ms. Peterson may elect pursuant to the terms of the Plan to receive her deferred compensation either in shares of Franklin common stock or in cash.
Key Figures
Stock units credited: 110.69 stock units
Price reference per unit: $96.68 per unit
Total deferred stock units held: 38,329.74 stock units
+1 more
4 metrics
Stock units credited
110.69 stock units
Dividend-equivalent credit on May 21, 2026
Price reference per unit
$96.68 per unit
Transaction price field for credited stock units
Total deferred stock units held
38,329.74 stock units
Direct holdings after the May 21, 2026 credit
Underlying common stock units
110.69 shares
Underlying Franklin Electric common stock for this unit credit
Key Terms
Nonemployee Directors' Deferred Compensation Plan, stock units, deferred compensation, dividends
4 terms
Nonemployee Directors' Deferred Compensation Plan financial
"Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the Board of Directors..."
stock units financial
"Ms. Peterson was credited with 110.69 Stock Units for dividends that would have been paid..."
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
deferred compensation financial
"Ms. Peterson elected to receive her 2015-2024 stock award, meeting fees, and retainer... issuance of such shares deferred..."
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
dividends financial
"credited with 110.69 Stock Units for dividends that would have been paid on such deferred shares"
Dividends are cash payments a company gives to its shareholders from profits or cash reserves, effectively sharing part of its earnings with owners. They matter to investors because they provide a steady income stream, act like an interest or rent payment on owning the stock, and signal management’s confidence in the business—factors that influence total return and share price. Regular or special dividends can change an investor’s income and reinvestment strategy.
FAQ
What insider transaction did Franklin Electric (FELE) director Renee J. Peterson report?
Renee J. Peterson reported receiving 110.69 stock units as a compensation-related credit. These units reflect dividends on previously deferred stock awards under Franklin Electric’s Nonemployee Directors’ Deferred Compensation Plan, not an open-market stock purchase or sale.
How many Franklin Electric (FELE) stock units does Renee J. Peterson now hold?
After the May 21, 2026 credit, Renee J. Peterson holds 38,329.74 stock units directly. This balance consists of deferred compensation under the company’s Nonemployee Directors’ Deferred Compensation Plan, to be settled in stock or cash at a future distribution date.
Why did Franklin Electric (FELE) credit 110.69 stock units to Renee J. Peterson?
Franklin Electric credited 110.69 stock units to Renee J. Peterson for dividends that would have been paid on her deferred shares. Under the deferred compensation plan, such dividend equivalents are tracked as stock units instead of current cash or share payments.
Is the Franklin Electric (FELE) Form 4 for Renee J. Peterson a stock purchase or sale?
The Form 4 does not show a market purchase or sale by Renee J. Peterson. It records a grant-type acquisition of 110.69 stock units as deferred compensation, classified with transaction code A for grant, award, or other acquisition.
AI-generated analysis. How Rhea-AI works. Not financial advice.
